There are 44 FDIC-insured banks headquartered in Utah, holding $1.37T in combined assets and $1.05T in deposits, alongside 53 NCUA-insured credit unions. Every figure below comes from the most recent quarterly call report each institution filed with its regulator. Banks are ranked by total assets, which is the standard measure of institution size and the basis regulators use for peer grouping and for determining which capital rules apply.
Ranked by total assets. Branch counts are domestic offices. Click any institution for eight quarters of financial history, peer benchmarking against similarly sized banks, deposit market share by county, and leadership contacts.
| # | Bank | City | Assets | Deposits | Branches |
|---|---|---|---|---|---|
| 1 | Morgan Stanley Bank, National Association | Salt Lake City | $419.32B | $278.94B | 1 |
| 2 | American Express National Bank | Sandy | $213.95B | $171.55B | 1 |
| 3 | Ally Bank | Sandy | $188.18B | $156.61B | 1 |
| 4 | UBS Bank USA, National Association | Salt Lake City | $124.44B | $109.33B | 1 |
| 5 | Synchrony Bank | Draper | $115.22B | $85.97B | 1 |
| 6 | Zions Bancorporation, N.A. | Salt Lake City | $89.04B | $76.62B | 413 |
| 7 | SoFi Bank, National Association | Cottonwood Heights | $56.82B | $46.78B | 4 |
| 8 | Sallie Mae Bank | Salt Lake City | $28.54B | $20.33B | 1 |
| 9 | Optum Bank, Inc. | Draper | $21.43B | $16.52B | 1 |
| 10 | Comenity Capital Bank | Draper | $13.86B | $10.99B | 1 |
| 11 | BMW Bank of North America | Salt Lake City | $13.80B | $9.52B | 1 |
| 12 | Happen Bank, National Association | Lehi | $12.48B | $10.85B | 3 |
| 13 | WEX Bank | Sandy | $10.71B | $7.91B | 1 |
| 14 | Merrick Bank | South Jordan | $9.13B | $7.41B | 1 |
| 15 | Green Dot Bank DBA Bonneville Bank | Provo | $5.44B | $5.04B | 1 |
| 16 | Celtic Bank | Salt Lake City | $5.33B | $3.90B | 1 |
| 17 | Sunwest Bank | Sandy | $4.41B | $3.40B | 9 |
| 18 | Bank of Utah | Ogden | $3.79B | $2.95B | 20 |
| 19 | Cache Valley Bank | Logan | $3.49B | $3.10B | 25 |
| 20 | Nelnet Bank | Draper | $3.00B | $2.51B | 1 |
| 21 | WebBank | Salt Lake City | $2.86B | $2.26B | 1 |
| 22 | Medallion Bank | Salt Lake City | $2.83B | $2.30B | 1 |
| 23 | State Bank of Southern Utah | Cedar City | $2.74B | $2.40B | 17 |
| 24 | Central Bank | Provo | $2.16B | $1.78B | 13 |
| 25 | Square Financial Services, Inc. | Salt Lake City | $2.06B | $559.3M | 1 |
| 26 | Column National Association | Salt Lake City | $1.77B | $1.53B | 1 |
| 27 | Transportation Alliance Bank, Inc. d/b/a TAB Bank | Ogden | $1.59B | $1.38B | 1 |
| 28 | Quill Bank | Provo | $1.56B | $1.31B | 8 |
| 29 | Prime Alliance Bank | Woods Cross | $1.09B | $966.1M | 1 |
| 30 | FinWise Bank | Murray | $915.5M | $723.0M | 2 |
| 31 | Thrivent Bank | Salt Lake City | $905.6M | $548.1M | 1 |
| 32 | First Utah Bank | Salt Lake City | $840.3M | $688.5M | 7 |
| 33 | The Pitney Bowes Bank, Inc. | Salt Lake City | $796.3M | $676.4M | 1 |
| 34 | Grand Valley Bank | Heber City | $599.4M | $541.3M | 9 |
| 35 | First Electronic Bank | Salt Lake City | $502.9M | $285.6M | 1 |
| 36 | Milestone Bank | Salt Lake City | $342.2M | $282.8M | 1 |
| 37 | Varo Bank, National Association | Draper | $337.8M | $209.8M | 1 |
| 38 | Brighton Bank | Salt Lake City | $321.6M | $278.8M | 6 |
| 39 | Continental Bank | Salt Lake City | $181.8M | $141.0M | 1 |
| 40 | Utah Independent Bank | Salina | $170.9M | $143.2M | 4 |
| 41 | B2 Bank National Association | Holladay | $114.6M | $103.8M | 3 |
| 42 | Home Savings Bank | Salt Lake City | $108.8M | $76.4M | 1 |
| 43 | Redemption Bank | Salt Lake City | $77.5M | $62.9M | 1 |
| 44 | Stitch Bank, Inc. | Salt Lake City | $11.4M | $7.2M | 1 |
NCUA-insured credit unions headquartered in Utah, ranked by total assets, with member counts from 5300 call report filings.
| # | Credit union | City | Assets | Members |
|---|---|---|---|---|
| 1 | AMERICA FIRST | RIVERDALE | $23.79B | 1,554,689 |
| 2 | MOUNTAIN AMERICA | SANDY | $21.86B | 1,406,629 |
| 3 | GOLDENWEST | Ogden | $3.95B | 208,088 |
| 4 | UTAH COMMUNITY | Provo | $3.74B | 265,405 |
| 5 | CANYON VIEW | Salt Lake City | $2.11B | 116,466 |
| 6 | CYPRUS | West Jordan | $1.93B | 148,414 |
| 7 | DESERET FIRST | West Valley Cit | $1.24B | 86,458 |
| 8 | UTAH FIRST | Salt Lake City | $1.13B | 44,697 |
| 9 | UTAH POWER | Murray | $1.06B | 30,748 |
| 10 | GRANITE | Salt Lake City | $906.5M | 39,926 |
| 11 | WASATCH PEAKS | OGDEN | $632.1M | 31,776 |
| 12 | JORDAN | South Jordan | $414.4M | 25,680 |
| 13 | AMERICAN UNITED | West Jordan | $381.4M | 21,356 |
| 14 | ALPINE | Orem | $359.4M | 19,916 |
| 15 | ELEVATE | Brigham City | $249.4M | 15,202 |
| 16 | EASTERN UTAH COMMUNITY | Price | $221.4M | 12,623 |
| 17 | MEMBERS FIRST | Brigham City | $199.7M | 13,652 |
| 18 | HORIZON UTAH | Farmington | $184.8M | 12,362 |
| 19 | ASCENT | OGDEN | $172.3M | 9,210 |
| 20 | HERCULES FIRST | SALT LAKE CITY | $163.4M | 8,660 |
| 21 | UTAH HERITAGE | Moroni | $159.7M | 8,609 |
| 22 | NEBO | Springville | $144.6M | 12,769 |
| 23 | PACIFIC HORIZON | Springville | $138.2M | 8,687 |
| 24 | DESERT RIVERS | Moab | $116.6M | 8,389 |
| 25 | EDUCATION 1ST | Ogden | $73.9M | 2,601 |
| 26 | FIREFIGHTERS | Draper | $69.0M | 3,463 |
| 27 | FREEDOM | Provo | $68.3M | 4,150 |
| 28 | KINGS PEAK | Roosevelt | $65.7M | 3,817 |
| 29 | MILLARD COUNTY | FILLMORE | $61.8M | 4,590 |
| 30 | DESERTVIEW | Huntington | $47.6M | 3,504 |
| 31 | NEPHI WESTERN EMPLOYEES | Nephi | $45.2M | 2,938 |
| 32 | HI-LAND | SALT LAKE CITY | $40.5M | 2,670 |
| 33 | LU 354 I B E W | SALT LAKE CITY | $40.1M | 2,647 |
| 34 | NATIONAL J. A. C. L. | Salt Lake City | $38.9M | 3,087 |
| 35 | LOGAN MEDICAL | LOGAN | $32.3M | 1,975 |
| 36 | SAN JUAN | BLANDING | $29.2M | 4,050 |
| 37 | NEW HEIGHTS | LOGAN | $28.3M | 2,209 |
| 38 | RIDGELINE | SALT LAKE CITY | $27.2M | 1,500 |
| 39 | P & S | Salt Lake City | $25.5M | 2,173 |
| 40 | DEVILS SLIDE | Morgan | $20.5M | 1,739 |
| 41 | VAREX | SALT LAKE CITY | $16.8M | 1,162 |
| 42 | C U P | Provo | $9.9M | 790 |
| 43 | S E A | Richfield | $7.0M | 681 |
| 44 | GIBBONS AND REED EMPLOYEES | SALT LAKE CITY | $6.4M | 1,097 |
| 45 | HOLLYFRONTIER EMPLOYEE'S | Bountiful | $5.9M | 706 |
| 46 | UINTAH | VERNAL | $4.0M | 938 |
| 47 | OREM CITY EMPLOYEES | OREM | $2.6M | 856 |
| 48 | FLEXPAK | Woods Cross | $1.9M | 215 |
| 49 | NORTH SANPETE | Fairview | $1.2M | 350 |
| 50 | SOUTH SANPETE | Manti | $1.1M | 196 |
Deposit market share is measured at the county level from the FDIC Summary of Deposits, an annual branch-level filing as of each June 30. County data shows which institutions actually hold balances in a given market and how concentrated that market is — a question state-level totals cannot answer, because a bank can be small statewide and dominant in its home county.
Vault republishes public FDIC and NCUA filings without modification. Bank figures come from quarterly call reports; credit union figures from NCUA 5300 filings; branch and deposit market share from the FDIC Summary of Deposits. Data is free to access and free to cite, with no login or paywall. The same data is available to AI agents through a public Model Context Protocol server at vaultbot.ai/mcp.